2, Gravel Close
2, Gravel Close
Description & Estimates
According to the public record, 2, Gravel Close, Chigwell is an early-century house with 1,711 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gravel Close, Chigwell is £660,786 and the estimated rental value is £3,236 per month.
Gravel Close, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
Our Data Sources
2, Gravel Close, Chigwell has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Gravel Close, Chigwell is in very good condition we estimate a sale value of £693,826 and a rental value of £3,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £614,531 and a rental value of £3,009 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Gravel Close, Chigwell has dropped by £17,778 (2.7%), while its estimated rental value has risen by £109 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
2, Gravel Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gravel Close, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1C, Orchard Way, Chigwell, IG7 6EE, a freehold house which sold for £625,000 on the 4th June 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Gravel Close, Chigwell, IG7 has a total of 19 addresses. According to our analysis of all the public data, 2, Gravel Close, Chigwell is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in IG7.
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Schools Nearby
- 700mChigwell Row Infant School
- 1.1kmCoppice Primary School
- 1.6kmManford Primary School
- 1.5kmForest Academy
- 3.6kmWest Hatch High School
- 3.6kmKing Solomon High School
More reading links
Public Transport Nearby
The closest station to 2, Gravel Close, Chigwell is Grange Hill station, which is 1.7 kilometres away.
- 1.7kmGrange Hill
- 2.4kmHainault
- 2.7kmChigwell
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
